List and Define Henri Fayol's 14 Principles of Management

question 56

Essay

List and define Henri Fayol's 14 principles of management.

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Definitions:

Distributive Bargaining

A negotiation strategy focusing on dividing a fixed amount of resources, often leading to a win-lose scenario.

Labor Management Relationship

The dynamic interaction between labor forces, represented by unions or employees, and management teams within organizations, focusing on negotiation, conflict resolution, and cooperation.

Ideas

Mental representations or concepts that occur in the mind, serving as the building blocks for knowledge, creativity, and problem-solving.

Contests

Competitive events or challenges where participants strive to win or achieve a particular objective.